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Pre July 15th 2020 my vat flat rate was 12.5%. Post July 15th the government reduced my flat rate to 4.5%. How do I calculate the 2 different rates for the same period?
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Hello and Welcome to the Community, cyau33 👋
It's not possible to change the flat rate percentage within a return period on QuickBooks, you can calculate and enter the average percentage for the period however we'd advise consulting with your accountant/bookkeeper before amending this.
Please get back to us below if you have any feedback or questions. 🙂